Acquisitions

Stanbery Development Group, LLC is actively seeking opportunities to acquire shopping centers and mixed use properties which are in need of repositioning, as well as land on which to develop retail driven mixed-use projects.

The general acquisition criteria include, but are not limited to:

Shopping Centers

Anchored or non-anchored retail centers with minimum of 50,000 sq ft. The ability to enhance property value through recapitalization, expansion, re-merchandising or redevelopment, during a holding period of three to seven years, is required.  The “value add” criteria include substantial vacancy, near term rollover, loss of an anchor, or significant capital expenditure required for remerchandising and/or rehabilitation.

Development

As consumer's needs have modified demand for brick-and-mortar retail, our core focus has morphed from lifestyle retail development to mixed-use development highlighting the synergies between multi-family, hotel and retail, driven by dining and service and set in an engaging environment.

Geography

  • Florida:
    Tampa/St. Pete
    Orlando
    Ft. Myers/Naples
    Palm Beach, Broward, Dade Counties

Investment Size

$5,000,000 – $50,000,000

Our Team

Unrestricted by institutional processes, with an ability to creatively work through acquisition and development issues, our team will respond quickly to new opportunities. To submit a property for our consideration, including those that may not meet the above criteria, please contact us.

Marc Hays: Email  or (216) 577-6851

Jon Meyer: Email or (614) 824-2910

Brandon Nutting: Email or (614) 824-2912

View Our Teamcontact Us